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CDs (Certificates of Deposit) at a Glance

Mutual Bank offers a variety of CDs to fit every customer. At Mutual Bank, interest on CDs is compounded and credited monthly. Mutual Bank offers the following CD terms:

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CD Investments

A minimum balance of $1,000 is required for Regular CDs.

Regular CD Term Interest Compounded
and Credited
APY*
3 month CD monthly 3.00%
6 month CD monthly 3.41%
12 month CD monthly
3.51%
18 month CD monthly
3.60%
24 month CD monthly 3.70%
30 month CD monthly 3.80%
36 month CD monthly 3.80%
48 month CD monthly 3.90%
60 month CD monthly 4.10%

* Annual Percentage Yield. Interest Rates effective 6/24/08 and are subject to change without notice. A penalty may be imposed for early withdrawals. All CDs are FDIC insured. For more information, contact a personal banker or call 1-877-637-3111.

IRA Investments

A minimum balance of $1,000 is required for Regular IRAs.

Regular IRA Term Interest Compounded
and Credited
APY*
3 month IRA monthly 3.258%
6 month IRA monthly 3.668%
12 month IRA monthly
3.769%
18 month IRA monthly
3.859%
24 month IRA monthly 3.959%
30 month IRA monthly 4.059%
36 month IRA monthly 4.059%
48 month IRA monthly 4.159%
60 month IRA monthly 4.360%

* Annual Percentage Yield. Interest Rates effective 6/24/08 and are subject to change without notice. A penalty may be imposed for early withdrawals. All IRAs are FDIC insured. For more information, contact a personal banker or call 1-877-637-3111.

United IRAs can be opened with as little as $250 and deposits are allowed. Contact a personal banker for more details.

 
 
       
 
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